Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) Short Interest Up 525.3% in October

Invesco Agriculture Commodity Strategy No K-1 ETF (NASDAQ:PDBA) was the recipient of a significant growth in short interest in October. As of October 31st, there was short interest totalling 51,900 shares, a growth of 525.3% from the October 15th total of 8,300 shares. Based on an average daily volume of 10,700 shares, the short-interest ratio is presently 4.9 days.

Invesco Agriculture Commodity Strategy No K-1 ETF Price Performance

PDBA traded up $0.10 during trading hours on Wednesday, hitting $37.09. 19,049 shares of the company’s stock were exchanged, compared to its average volume of 11,963. The firm has a 50 day moving average of $36.69 and a 200 day moving average of $35.70. Invesco Agriculture Commodity Strategy No K-1 ETF has a 12-month low of $29.41 and a 12-month high of $39.09.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Leavell Investment Management Inc. lifted its position in Invesco Agriculture Commodity Strategy No K-1 ETF by 44.1% in the third quarter. Leavell Investment Management Inc. now owns 8,852 shares of the company’s stock valued at $333,000 after acquiring an additional 2,707 shares during the last quarter. Columbus Macro LLC increased its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 24.7% in the 3rd quarter. Columbus Macro LLC now owns 69,075 shares of the company’s stock valued at $2,599,000 after acquiring an additional 13,685 shares during the period. Castleview Partners LLC increased its stake in Invesco Agriculture Commodity Strategy No K-1 ETF by 43.1% in the third quarter. Castleview Partners LLC now owns 3,258 shares of the company’s stock valued at $123,000 after purchasing an additional 982 shares during the period. Capital Wealth Alliance LLC grew its holdings in shares of Invesco Agriculture Commodity Strategy No K-1 ETF by 38.1% during the third quarter. Capital Wealth Alliance LLC now owns 60,617 shares of the company’s stock worth $2,281,000 after buying an additional 16,721 shares during the last quarter. Finally, NewSquare Capital LLC acquired a new stake in shares of Invesco Agriculture Commodity Strategy No K-1 ETF in the 2nd quarter worth $334,000.

Invesco Agriculture Commodity Strategy No K-1 ETF Company Profile

The Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA) is an exchange-traded fund that mostly invests in broad market commodities. PBDA is an actively managed portfolio that provides exposure to global agricultural commodities through a Cayman Islands subsidiary. PDBA was launched on Aug 24, 2022 and is managed by Invesco.